Rule 18
Provisions Relating To The Sale Of Goods And Refund Of The customs Duty On Such Goods Sold To The Industry Located In The special Economic Zone
(1) On the prior approval of the Department, if the importer sales imported goods to the industry located in the Special Economic Zone, such importer , in case of payment of customs duty at the time of import, shall apply at the customs office for the refund of the customs duty within 1 Sixty days of the date of import
along with the following documents:
(a) Invoice, Customs declaration form and cash receipt at the time of import,
(b) Sales Agreement between the purchaser industry and the seller importer,
(c) Receipt of sales of goods,
(d) Certified copy of the ledger for the purchase of goods by the purchasing industry,
(e) Documents relating to the payment for the purchase by the purchasing industry, and
(f) Bank Guarantee issued in favor of the customs office equivalent to the customs duty on behalf of the purchasing industry or the sales importer.
(2) Upon receipt of application pursuant to Sub-rule (1), if the chief of the customs office finds, on the scrutiny of the application so received, the refund of the customs duty is appropriate, it shall fully or partially within Thirty days from the date of such application.
(3) If the chief of the customs office finds, on the scrutiny of the application received pursuant to Sub-rule (2), that the refund-full or partial-of the customs duty is not justified, the applicant shall be notified in writing accordingly.
(4) If the industry located in the Special Economic Zone submits the documents relating to the sales of finished product manufactured from the purchase of goods pursuant to Sub-rule (1), and the foreign exchange receipt against the export of such finished product, the bank guarantee pursuant to Clause (f) of Sub-rule (1) shall be released.
(5) Notwithstanding anything contained in Sub-rule (1), in case the seller has sold the goods by adding the customs duty in the import price, such customs duty shall not be refunded.
along with the following documents:
(a) Invoice, Customs declaration form and cash receipt at the time of import,
(b) Sales Agreement between the purchaser industry and the seller importer,
(c) Receipt of sales of goods,
(d) Certified copy of the ledger for the purchase of goods by the purchasing industry,
(e) Documents relating to the payment for the purchase by the purchasing industry, and
(f) Bank Guarantee issued in favor of the customs office equivalent to the customs duty on behalf of the purchasing industry or the sales importer.
(2) Upon receipt of application pursuant to Sub-rule (1), if the chief of the customs office finds, on the scrutiny of the application so received, the refund of the customs duty is appropriate, it shall fully or partially within Thirty days from the date of such application.
(3) If the chief of the customs office finds, on the scrutiny of the application received pursuant to Sub-rule (2), that the refund-full or partial-of the customs duty is not justified, the applicant shall be notified in writing accordingly.
(4) If the industry located in the Special Economic Zone submits the documents relating to the sales of finished product manufactured from the purchase of goods pursuant to Sub-rule (1), and the foreign exchange receipt against the export of such finished product, the bank guarantee pursuant to Clause (f) of Sub-rule (1) shall be released.
(5) Notwithstanding anything contained in Sub-rule (1), in case the seller has sold the goods by adding the customs duty in the import price, such customs duty shall not be refunded.